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30 Nov
11:29

Indian steelmakers to benefit from RCEP rejection: Ind-Ra

India’s steelmakers will benefit from the country opting out of the Regional Comprehensive Economic Partnership (RCEP), which could have otherwise resulted in margin pressure from imports, says India Ratings and Research (Ind-Ra). Over the past decade this pressure has come from imports from RCEP members such as China, South Korea, Japan and Vietnam. “Indian producers can effectively seek benefits of such partnerships only if adequate safeguard mechani…
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